In Re Nuvelo, Inc. Securities Litigation 07-CV-04056-Order

Total Page:16

File Type:pdf, Size:1020Kb

In Re Nuvelo, Inc. Securities Litigation 07-CV-04056-Order Case3:07-cv-04056-VRW Document101 Filed08/17/09 Page1 of 28 1 2 3 4 5 6 7 8 9 10 11 t 40. IN THE UNITED STATES DISTRICT COURT 12 U U FOR THE NORTHERN DISTRICT OF CALIFORNIA 4-oo .^ +^ 13 14 A Q IN re NUVELO, INC, SECURITIES Master File No 15 LITIGATION / C 07-4056 VRW 0 16 p 17 Class Action This Document Relates to: W-1 18 All Actions / ORDER 19 H 0. 20 Plaintiffs filed an amended consolidated complaint o ^ 4-4 21 (“Prior Complaint”) alleging violations of federal securities laws o 22 on November 9, 2007. Doc #31. On December 4, 2008, the court AQ 23 granted defendants’ motion to dismiss the Prior Complaint (“Prior 24 Order”). Doc #69. The Prior Order granted plaintiffs leave to b Z 25 amend. Doc #69 at 34-35. Plaintiffs did so on January 23, 2009, o a^ filing a second consolidated amended complaint (“SAC”). Doc #76. 0 26 W-1 27 On March 24, 2009, defendants moved to dismiss the SAC. Doc #78. 28 This order addresses that motion. Case3:07-cv-04056-VRW Document101 Filed08/17/09 Page2 of 28 1 I 2 As an initial matter, defendants request judicial notice 3 of 42 documents contained in Jeffrey Kaban’s declaration (Doc #80, 4 Exhs A–9[) relating to defendants’ motion to dismiss. Doc #79. 5 Federal Rule of Evidence 201 allows courts to take judicial notice 6 of matters that are “capable of accurate and ready determination by 7 resort to sources whose accuracy cannot reasonably be questioned.” 8 Fed R Evid 201 (b) . 9 Plaintiffs do not oppose the court taking judicial notice 10 of exhibits A-GG and LL-9[. Doc #91 at 2. Because the request for 11 judicial notice is unopposed as to those documents, and they are t 4o 12 either referenced in the SAC or demonstrate information available C U 13 to the market during the class period, the court takes judicial .0 .4 notice of exhibits A-GG and LL-9[. Doc #80. Doc #91 at 2-4. 14 ^A 15 Plaintiffs do, however, oppose defendants’ request for 16 judicial notice of exhibits HH-KK. Doc #91 at 2. Exhibits HH-KK 4 0 p17 include a Pharmaceutical Statistics journal article (Exh HH), two w 18 Food and Drug Administration (“FDA”) publications (Exhs II, KK) and 19 an FDA PowerPoint presentation (Exh JJ). All four documents relate 20 to a factual dispute relevant to defendants’ motion to dismiss: 21 FDA guidance on the statistical standard required to pass placebo- 22 controlled studies. Plaintiffs argue that “the purported ‘facts’ 23 that Defendants seek to prove by these documents may not be 24 judicially noticed because they are subject to dispute.” Doc #91 25 at 2. 26 While the court recognizes that the facts described in 27 the four disputed documents are not the proper subject of judicial 28 notice, defendants merely seek judicial notice of the fact that 2 Case3:07-cv-04056-VRW Document101 Filed08/17/09 Page3 of 28 1 these documents were publicly available during the time the fraud 2 alleged in this action occurred. Doc #94 at 2. Courts hearing 3 securities fraud cases routinely take judicial notice of documents 4 with unquestioned authenticity that demonstrate the information 5 available to the market during the class period. See Construction 6 Laborers Pension Trust of Greater St Louis v Neurocrine 7 Biosciences, Inc, 2008 US Dist LEXIS 38899, *5 (S D Cal May 12, 8 2008) (taking judicial notice of FDA guidelines because they were 9 “publicly available to a reasonable investor”). These documents 10 may be considered “to establish ‘whether and when certain 11 information was provided to the market’ not the truth of the 40. 12 matters asserted in the reports.” In re Infonet Servs Corp O U 13 Securities Litigation, 310 F Supp 2d 1106, 1116 (C D Cal 2003), .0 14 quoting In re PetSmart, Inc Securities Litigation, 61 F Supp 2d A^A 15 982, 987 n1 (D Ariz 1999). Accordingly, the court GRANTS 16 defendants’ request for judicial notice of exhibits HH-KK in order Z 17 to consider the complete record of the defendants’ alleged w 18 fraudulent statements and omissions in light of the other 19 information available to the market. 20 21 II 22 In deciding a motion to dismiss, the court must accept 23 all well-pleaded factual allegations in the complaint as true. 24 Blake v Dierdorff, 856 F2d 1365, 1368 (9th Cir 1988). Accordingly, 25 the following allegations appear in the SAC. Doc #76. 26 Plaintiffs are a class consisting of all purchasers of 27 the publicly traded securities of defendant Nuvelo between January 28 5, 2006 and December 8, 2006, inclusive (the “Class Period”). Doc 3 Case3:07-cv-04056-VRW Document101 Filed08/17/09 Page4 of 28 1 #76 at 4. Defendants are a biopharmaceutical company Nuvelo and 2 several of Nuvelo’s senior officers and managers: Ted Love, Gary 3 Titus and Michael Levy. Id at 20-21. The SAC alleges that Nuvelo 4 stock traded at artificially high prices during the Class Period 5 because of fraud by defendants. Id at 4, 82-83. 6 Prior to and during the Class Period, Nuvelo was engaged 7 in preclinical and clinical testing of medical drugs. Id at 4. 8 Nuvelo’s “lead product” was a drug called alfimeprase that Nuvelo 9 was testing for its safety and ability to dissolve blood clots. 10 Id. Nuvelo was in the process of testing alfimeprase in order to 11 gain regulatory approval of the drug and to bring it to market. ;9^ U ^ j 12 Id. ^^ ° 13 To gain regulatory approval, the FDA requires that the A .4 14 sponsor of a drug demonstrate that it is safe and effective in 15 three human clinical trials (“phase 1", “phase 2" and “phase 3"). 0 z 16 Id at 28. The FDA does not approve a drug in general, but rather ., p_!5 17 approves a drug for a specific use, or “indication.” Id. ^. w° 18 In 2003, Nuvelo began conducting clinical trials of 19 alfimeprase for two indications: dissolving blood clots in the 20 legs (PAO) and dissolving blood clots in occluded catheters for 21 patients undergoing treatment (CO). Id at 24. The FDA approves 22 particular claims of efficacy based on the results of the trials. 23 Id at 28. So Nuvelo designed its alfimeprase trials to demonstrate 24 particular claims about the drug for the treatment of both PAO and 25 CO. 26 A 27 Nuvelo called its clinical program for CO SONOMA (Speedy 28 Opening of Non-functional Occluded catheters with Mini-dose 4 Case3:07-cv-04056-VRW Document101 Filed08/17/09 Page5 of 28 1 Alfimeprase). Doc #76 at 36. SONOMA’s primary endpoint, or the 2 claim Nuvelo was attempting to get approval for, was alfimeprase’s 3 ability to clear occluded catheters fifteen minutes after 4 administration of the drug. Id at 28-29. If Nuvelo could prove 5 that alfimeprase increased blood flow rates of occluded catheters 6 in fifteen minutes, it would gain an advantage over a competing 7 drug —— Genentech’s Cathflo Activase, which had been proven in 8 clinical trials to increase blood flow rates of catheters in thirty 9 minutes. Id at 29. 10 Nuvelo completed the phase 2 trials for CO (SONOMA-1) in 11 2004. Id at 37. In a December 2004 press release, Nuvelo reported ;9^ 12 that one dose of alfimeprase produced cumulative blood flow rates c U 13 of fifty percent in occluded catheters at fifteen minutes compared 9Z.4 14 to zero percent for Cathflo after fifteen minutes. Id at 37. 15 In May 2005, Nuvelo announced its phase 3 clinical trial 0 16 program for CO. Id at 38. The program consisted of two phase 3 ., p_!5 17 trials: SONOMA-2 and SONOMA-3. Id. SONOMA-2 was a randomized, ^. w° 18 double-blind, 300 patient study testing the efficacy of alfimeprase 19 in restoring blood flow to occluded catheters after fifteen 20 minutes. Id. Two-thirds of the patients received alfimeprase and 21 the remainder received a placebo, or a substance having no effect. 22 Id. SONOMA-3 was an 800 patient trial evaluating the safety of 23 alfimeprase. Id. 24 The success of SONOMA-2 rested on the statistical 25 difference in the restoration of function between the alfimeprase 26 group and the placebo group after fifteen minutes. Id. To gain 27 approval, the FDA requires a statistically significant difference. 28 Doc #76 at 29. “Statistically significant” means that a given 5 Case3:07-cv-04056-VRW Document101 Filed08/17/09 Page6 of 28 1 result is unlikely to have occurred by random chance or due to 2 factors outside the control of the study. Id. Statistical 3 significance is expressed as a “p-value,” which represents a 4 probability that a particular hypothesis tested by a trial happened 5 by chance. Id. Statistical significance consisting of a p-value 6 of less than 0.05 has “traditionally been considered convincing 7 evidence by the FDA.” Id at 29. 8 The SAC alleges that defendants misled investors by 9 failing to divulge that Nuvelo had an agreement with the FDA that 10 regulatory approval rested on SONOMA-2 achieving a much higher 11 threshold for statistical significance: a p-value of 0.00125. Id t 40. 12 at 38-39. The May 26, 2005 press release announcing the design of C U 13 the phase 3 CO program stated that the program was “modeled after .0 .4 14 the Cathflo® Activase® program in this indication.” Id at 54.
Recommended publications
  • Fibrolase: Trials and Tribulations
    Toxins 2010, 2, 793-808; doi:10.3390/toxins2040793 OPEN ACCESS toxins ISSN 2072-6651 www.mdpi.com/journal/toxins Review Fibrolase: Trials and Tribulations Francis S. Markland 1,2,* and Steve Swenson 1,2 1 Department of Biochemistry and Molecular Biology, Cancer Research Laboratory, Keck School of Medicine, University of Southern California, 1303 N. Mission Rd., Los Angeles, CA 90033, USA 2 USC/Norris Comprehensive Cancer Center, Keck School of Medicine, University of Southern California, Los Angeles, CA 90033, USA; E-Mail: [email protected] * Author to whom correspondence should be addressed; E-Mail: [email protected]; Tel.: +1-(323) 224-7981; Fax: +1-(323) 224-7679. Received: 11 March 2010; in revised form: 31 March 2010 / Accepted: 19 April 2010 / Published: 20 April 2010 Abstract: Fibrolase is the fibrinolytic enzyme isolated from Agkistrodon contortrix contortrix (southern copperhead snake) venom. The enzyme was purified by a three-step HPLC procedure and was shown to be homogeneous by standard criteria including reverse phase HPLC, molecular sieve chromatography and SDS-PAGE. The purified enzyme is a zinc metalloproteinase containing one mole of zinc. It is composed of 203 amino acids with a blocked amino-terminus due to cyclization of the terminal Gln residue. Fibrolase shares a significant degree of homology with enzymes of the reprolysin sub-family of metalloproteinases including an active site homology of close to 100%; it is rapidly inhibited by chelating agents such as EDTA, and by alpha2-macroglobulin (). The enzyme is a direct-acting thrombolytic agent and does not rely on plasminogen for clot dissolution. Fibrolase rapidly cleaves the A()-chain of fibrinogen and the B()-chain at a slower rate; it has no activity on the -chain.
    [Show full text]
  • Guidelines on CVD During Pregnancy (TF17) - Task Force Members and Additional Contributors
    Guidelines on CVD during Pregnancy (TF17) - Task Force Members and Additional Contributors Expert Relationship Type of relationship with industry Financial declaration with Industry Blomstrom-Lundqvist Yes A - Direct Personal payment: Speaker fees, Honoraria, Consultancy, Advisory Board fees, Investigator, Committee Member, etc. Carina - Medtronic : Pacemaker B - Payment to your Institution: Speaker fees, Honoraria, Consultancy, Advisory Board fees, Investigator, Committee Member, etc. - Atricure : AF ablation Borghi Claudio Yes A - Direct Personal payment: Speaker fees, Honoraria, Consultancy, Advisory Board fees, Investigator, Committee Member, etc. - Menarini International : ACE-inhibitors - Boheringer Ingelheim : Antihypertensive drugs - Recordati International : Antihypertensive drugs - Novartis : Antihypertensive, Heart Failure D - Research funding (departmental or institutional). - Barilla Food Company : Lactotripeptides Cifkova Renata Yes A - Direct Personal payment: Speaker fees, Honoraria, Consultancy, Advisory Board fees, Investigator, Committee Member, etc. - Boehringer-Ingelheim : cardiovascular - Daiichi Sankyo : cardiovascular - MSD-SP, Boehringer Ingelheim, Bayer : cardiovascular B - Payment to your Institution: Speaker fees, Honoraria, Consultancy, Advisory Board fees, Investigator, Committee Member, etc. - Daiichi Sankyo : cardiovascular - Novartis : cardiovascular D - Research funding (departmental or institutional). - Krka Czech Republic : cardiovascular - Servier Czech Republic : cardiovascular Ferreira J Rafael No
    [Show full text]
  • In Re Nuvelo, Inc. Securities Litigation 07-CV-04056-Declaration of Mark
    BERGER & MONTAGUE, P.C. Sherrie R. Savett Carole A. Broderick Phyllis M. Parker 1622 Locust Street Philadelphia, PA 19103 Tel: (215) 875-3000 Fax: (215) 875-4604 Email: [email protected] cbroderick@bm ,net [email protected] IZARD NOBEL LLP ROBBINS GELLER RUDMAN Jeffrey S. Nobel & DOWD LLP Mark P. Kindall, Bar No 138703 Darren J. Robbins Nancy A. Kulesa Dennis J. Herman 29 South Main Street Eli R. Greenstein Suite 215 S. Ashar Ahmed West Hartford, Ct 06107 Post-Montgomery Center Tel: (860) 493-6292 One Montgomery Street, Suite 1800 Fax: (860) 493-6290 San Francisco, CA 94104 Email: [email protected] Tel: (415) 288-4545 [email protected] Fax: (415) 288-4534 [email protected] Email: [email protected] dennisb@rgrdlaw,corn [email protected] aahmed@rgrdlaw com Co-Lead Counsel for Plaintiffs Liaison Counsel UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION In re NUVELO, INC. SECURITIES Master File No 07-CV-04056-VRW LITIGATION CLASS ACTION DECLARATION OF MARK P. KINDALL IN SUPPORT OF PLAINTIFFS' MOTION FOR CLASS CERTIFICATION DATE: March .3, 2011 I TIME: 10:00 a.rn. I COURTROOM: 6 DECLARATION OF MARK P KINDALL IN SUPPORT OF PLArNTIFFS' MOTION FOR CLASS CERTIFICATION - 07-CV-04056-VRW DECLARATION OF MARK P. KINDALL IN SUPPORT OF PLAINTIFFS' MOTION FOR CLASS CERTIFICATION 2 3 I, Mark P. Kindall, hereby declare as follows: 4 1. I am a partner at the law firm of Izard Nobel LLP, which was appointed Co-Lead 5 Counsel for Plaintiffs in this litigation on September 19, 2007. I have personal knowledge of the 6 facts set forth herein.
    [Show full text]
  • The Development of Stroke Therapeutics: Promising Mechanisms and Translational Challenges
    Neuropharmacology 56 (2009) 329–341 Contents lists available at ScienceDirect Neuropharmacology journal homepage: www.elsevier.com/locate/neuropharm Review The development of stroke therapeutics: Promising mechanisms and translational challenges Margaret M. Zaleska a, Mary Lynn T. Mercado a, Juan Chavez b, Giora Z. Feuerstein b, Menelas N. Pangalos a, Andrew Wood a,* a Discovery Neuroscience, Wyeth Research, CN8000, Princeton, NJ 08543, USA b Translational Medicine, Wyeth Research, Collegeville, PA, USA article info abstract Article history: Ischemic stroke is the second most common cause of death worldwide and a major cause of disability. Received 8 August 2008 Intravenous thrombolysis with rt-PA remains the only available acute therapy in patients who present Received in revised form within 3 h of stroke onset other than the recently approved mechanical MERCI device, substantiating the 29 September 2008 high unmet need in available stroke therapeutics. The development of successful therapeutic strategies Accepted 6 October 2008 remains challenging, as evidenced by the continued failures of new therapies in clinical trials. However, significant lessons have been learned and this knowledge is currently being incorporated into improved Keywords: pre-clinical and clinical design. Furthermore, advancements in imaging technologies and continued Ischemia Neuroprotection progress in understanding biological pathways have established a prolonged presence of salvageable Regeneration penumbral brain tissue and have begun to elucidate the natural repair response initiated by ischemic Inflammation insult. We review important past and current approaches to drug development with an emphasis on Neuroimaging implementing principles of translational research to achieve a rigorous conversion of knowledge from Translational medicine bench to bedside. We highlight current strategies to protect and repair brain tissue with the promise to Drug development provide longer therapeutic windows, preservation of multiple tissue compartments and improved clinical success.
    [Show full text]
  • The Bottom 99
    The Top 100 June 1, 2004 A list of stocks topping our custom 'torpedo’ screen. Updated monthly. ABFI AMER BUSINESS FINL SVCS INC Financials ABGX ABGENIX INC Health Care ADLR ADOLOR CORP Health Care AGEN ANTIGENICS INC/DEL Health Care AGI ALLIANCE GAMING CORP Consumer Cyclicals AKLM ACCLAIM ENMNT INC Technology ALKS ALKERMES INC Health Care ALXN ALEXION PHARMACEUTICALS INC Health Care AMLN AMYLIN PHARMACEUTICALS INC Health Care APHT APHTON CORP Health Care ARNA ARENA PHARMACEUTICALS INC Health Care BIOV BIOVERIS CORP Health Care BMRN BIOMARIN PHARMACEUTICAL INC Health Care BVSN BROADVISION INC Technology CBRX COLUMBIA LABORATORIES INC Health Care CCRD CONCORD COMMUNICATIONS INC Technology CDE COEUR D'ALENE MINES CORP Basic Materials CFFN CAPITOL FEDERAL FINANCIAL Financials COMS 3COM CORP Technology CPN CALPINE CORP Utilities CRAY CRAY INC Technology CRGN CURAGEN CORP Health Care CRXA CORIXA CORP Health Care CYBX CYBERONICS INC Health Care DAL DELTA AIR LINES INC Capital Goods DEPO DEPOMED INC Health Care DMX I-TRAX INC Health Care DRXR DREXLER TECHNOLOGY CORP Technology DSCO DISCOVERY LABORATORIES INC Health Care DV DEVRY INC Capital Goods ELGX ENDOLOGIX INC Health Care EPIX EPIX MEDICAL INC Health Care EXEL EXELIXIS INC Health Care EXLT EXULT INC Capital Goods FCP FALCON PRODUCTS INC Capital Goods FMKT FREEMARKETS INC Technology FXEN FX ENERGY INC Energy GBTVK GRANITE BROADCASTING Consumer Cyclicals GENE OSCIENT PHARMACEUTICALS CORP Health Care GGNS GENUS INC Technology GLFD GUILFORD PHARMACEUTICAL INC Health Care GMRK GULFMARK OFFSHORE
    [Show full text]
  • Healthcare Conference
    25th Annual HEALTHCARE CONFERENCE Healthcare Westin St. Francis San Francisco January 8–11, 2007 JPMorgan cordially invites you to attend the 25th Annual Healthcare Conference, January 8 –11, 2007, at the Westin St. Francis in San Francisco. JPMorgan’s premier conference on the healthcare industry will feature more than 260 public and private companies over four days of simultaneous sessions. In addition, the conference will host topical panel discussions featuring leading industry experts. Preliminary List of Invited Presenting Companies Actelion Ltd Baxter International Inc. Cooper Companies Aetna Incorporated BD (Becton, Dickinson) Coventry Affymetrix, Inc. Beckman Coulter, Inc. Dade Behring Holdings, Inc. Alcon, Inc. Bioenvision, Inc. DaVita Inc. Align Technology, Inc. Biogen Idec deCODE genetics, Inc. Allscripts Healthcare Solutions Inc. Biomet, Inc. Digene Altana Boston Scientific Corporation Digirad Corporation — US American Medical Systems Holdings Inc. Bristol-Myers Squibb Company Diversa Corporation Amerigroup Corp. Cambrex Corporation DJO Incorporated AmerisourceBergen Cardinal Health, Inc. Dyax Corp. Amgen, Inc. Caremark Rx, Inc. Eclipsys Corporation AMN Healthcare Services, Inc. Celgene Corporation Edwards Lifesciences Corporation AmSurg Corporation Cell Genesys Elan Corporation, plc Anadys Pharmaceuticals CENTENE Corporation Eli Lilly and Company Applied Biosystems Group Cephalon, Inc. Emdeon Ariad Pharmaceuticals, Inc. Cerner Corporation Emergency Medical Services Corporation AstraZeneca Group plc Charles River Laboratories,
    [Show full text]
  • Schedule 14A Information
    QuickLinks -- Click here to rapidly navigate through this document SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ý Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ý Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material Pursuant to §240.14a-12 GILEAD SCIENCES, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ý No fee required. o Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0- 11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: o Fee paid previously with preliminary materials. o Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: GILEAD SCIENCES, INC.
    [Show full text]
  • How Scientist/Founders Lead Successful
    HOW SCIENTIST/FOUNDERS LEAD SUCCESSFUL BIOPHARMACEUTICAL ORGANIZATIONS: A STUDY OF THREE COMPANIES Lynn Johnson Langer A DISSERTATION Submitted to the Ph.D. in Leadership & Change Program of Antioch University in partial fulfillment of the requirements for the degree of Doctor of Philosophy May, 2008 This is to certify that the dissertation entitled: HOW SCIENTIST/FOUNDERS LEAD SUCCESSFUL BIOPHARMACEUTICAL ORGANIZATIONS: A STUDY OF THREE COMPANIES prepared by Lynn Johnson Langer is approved in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Leadership & Change. Approved by: ______________________________________________________________________ Alan E. Guskin, Ph.D., Chair date ______________________________________________________________________ Jon Wergin, Ph.D., Committee Member date ______________________________________________________________________ Mitch Kusy, Ph.D., Committee Member date ______________________________________________________________________ Alice Sapienza, DBA, External Reader date Copyright 2008 Lynn Johnson Langer All rights reserved Acknowledgements I arrive at this place in my journey to becoming a scholar supported in love and friendship by so many people. I must thank first and foremost my husband, Eric Langer, who has supported me in many ways, but particularly with my education. I thank my daughter, Julia Annemarie, my study partner. We shout across the hall to each other, complaining and laughing about all the work. I thank her for her support and the opportunity to be a role model. She never once complained about the plays and events I missed because I was away at a residency. I thank my son, Adam and his wife, Megan who through their lives, remind me to follow my dreams. I thank my son, Benjamin, who shows me that through hard work, we can accomplish great things.
    [Show full text]
  • UR-Coeus Sponsor List
    UR-Coeus Sponsor Table (alphabetical by sponsor name) Sponsor Sponsor Code Sponsor Type 2138 21st Century Medicine CORP Sponsor Type Key 1 3M CORP CORP = Corporate 3803 4S3 Bioscience Inc CORP FED = Federal 5207 A. F. Associates Family Medicine ONFA FND = Foundation 2602 A. P. Pharma CORP IND = Individuals 2 A.L. Mailman Foundation FND NYS = New York State 2023 AA Implant Dentistry Research Foundation ONFA OLG = Other Local Gov't 3 AAA Fnd for Traffic Safety ONFA ONFA = Other Non-Fed Agency 2329 aaiPharma Inc CORP VHA = Voluntary Health Agency 3257 Aamjiwnaang First Nations Community ONFA 5345 Aarhus University Hospital ONFA 3713 Aaron Copland Fund for Music, Inc. ONFA 4 AARP Andrus Fdn FND 3853 AB Sciences CORP 3378 AB Vector, Inc CORP 899 Abbott Diagnostics CORP 3864 Abbott Fund FND 14 Abbott Laboratories CORP 5126 AbbVie, Inc. CORP 5854 Abeona Therapeutics CORP 5063 Abington Medical Specialists ONFA 5331 Abington Memorial Hospital ONFA 2835 ABIOMED, Inc. CORP 3687 Ablation Frontiers CORP 5118 Ablynx NV CORP 2053 ABMRF/Fnd for Alcohol Research ONFA 2171 Abortion Rights Mobilization ONFA 3361 Abraxix BioScience, LLC CORP 4953 Abt Associates, Inc. CORP 5037 Academic Gastrointestinal Cancer Consortium ONFA 15 Academic Med Ctr Cons ONFA 3733 Academic Pediatric Association ONFA 3160 Academy of Orofacial Pain ONFA 2122 Academy of Prosthodontics Foundation ONFA 3663 Acadia Pharmaceuticals, Inc. CORP 3273 Accelerate Brain Cancer Cure ONFA 5584 Acceleron Pharma Inc. CORP 5601 Accelovance, Inc. CORP 5940 Accreditation Council Grad Med Educ ONFA 5832 Accriva Diagnostics CORP 3888 AccuGenomics, Inc. CORP 5656 Acerta Pharma CORP 6101 Acessa Health, Inc.
    [Show full text]
  • Kyowa Hakko Kirin Co ., Ltd Fiscal 2008 First Half Results
    Kyowa Hakko Kirin Co ., Ltd Fiscal 2008 First Half Results October 30, 2008 President and Chief Executive Officer Yuzuru Matsuda Statements on results, forecasts and R&D status contained in this presentation represent judgments based on information available at the current time. Actual results may differ significantly due to a variety of factors such as economic conditions and exchange rate fluctuations. Separate service 65% 1 companies HD: Kirin by Other businesses Held by Kirin HD: Held by Kyowa Kirin: 35% subsidiary of Kirin Holdings Business integration 2011.1.1owned wholly a Will become 2009.4.1 Kirin Kyowa Foods Launched Kirin Food-Tech Other subsidiaries KYOWA HAKKO FOOD SPECIALTIES Kirin Co., Ltd. Kyowa Hakko Kirin Holdings KYOWA HAKKO CHEMICAL Mercian KYOWA HAKKO BIO Kirin Beverage Kirin Brewery Business structure (200810.1 ~) z z Outline of Fiscal 2008 firstfirst halfhalf rresultsesults Operating Recurring (¥bn) Net sales Net income income income FY08 H1 247.7 29.1 30.3 8.2 +55.1 +10.9 +12.2 -2.7 Change (+28.6%) (+59.8%) (+67.9%) (-25. 0%) FY07 H1 192.6 18.2 18.0 11.0 z Pharmaceuticals Sales and profits up due to Kirin Pharma integration, receipt of oneone--offoff payment from Amgen, etc. z Bio-Chemicals Sales and profits up due to growth in amino acids for intravenous liquids and pharmaceutical raw materials, and increased sales of health care products z Chemicals Sales up due to price revisions following rapid rise in fuel and raw materials prices but increased depreciation expense contributed to lower operating income z Food
    [Show full text]
  • Transforming Clinical Trials in Cardiovascular Disease Mission Critical for Health and Economic Well-Being
    VIEWPOINT Transforming Clinical Trials in Cardiovascular Disease Mission Critical for Health and Economic Well-being Elliott M. Antman, MD Perhaps the most exciting opportunity for CVD research- ers is to capitalize on the advances in systems and computa- Robert A. Harrington, MD tional biology that can inform first-in-human, proof-of- S EMPHASIZED BY THE BIPARTISAN POLICY CENTER, concept, and phase 2 dose-ranging trials in ways that were not healthcareexpendituresareanticipatedtoreach20% previously possible.4 Examples include using biomarkers, ge- of US gross domestic product by 2020 and are a netic observations, and definitions of pathophenotypes to adapt major threat to the sustainability of the health care the treatments being investigated. This is particularly rel- Asystem and to the economic productivity and stability of the evant to new treatments being explored for managing dyslip- country. Although death rates attributable to cardiovascular dis- idemia (eg, PCSK9 inhibition), diabetes, ischemic heart dis- ease (CVD) have declined by almost one-third over the last 11⁄2 ease, and heart failure—all topics that are among the 19 studies decades, CVD remains the leading cause of death and the bur- presented in the Clinical Science: Special Reports sessions at den of CVD remains unacceptably high, especially consider- the AHA meeting.2 As emphasized by the FDA in a draft guid- ing the aging of the population.1 The economic effects of the ance document, adaptive designs are encouraged during the burden of CVD are profound because managing
    [Show full text]
  • In Re Nuvelo, Inc. Securities Litigation 07-CV-04056-Second
    1 COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP 2 DENNIS J. HERMAN (220163) ELI R. GREENSTEIN 3 100 Pine Street, Suite 2600 4 San Francisco, CA 94111 Telephone : 415/288-4545 5 Fax: 415/288-4534 [email protected] 6 elig^a,csgrr.com 7 Liaison Counsel 8 BERGER & MONTAGE, P.C. IZARD NOBEL, LLP 9 SHERRIE R. SAVETT JEFFREY S. NOBEL CAROLE A. BRODERICK MARK P. KINDALL 10 BARBARA A. PODELL NANCY A. KULESA PHYLLIS M. PARKER SETH R. KLEIN 11 1622 Locust Street One Corporate Center 12 Philadelphia, PA 19103 One Church Street, Suite 1700 Telephone: 215/875-300 Hartford, CT 06103 13 Fax: 215/875-4604 Telephone: 860/493-6292 ssaveft@,,bm.net Fax: 860/493-6290 14 cbroderick@,bm.net [email protected] 15 bpodell@,,bm.et [email protected] pparker(&,,bm.net nkulesa(a,snilaw.com 16 [email protected] 17 Co-Lead Counsel for Plaintiffs 18 UNITED STATES DISTRICT COURT 19 NORTHERN DISTRICT OF CALIFORNIA 20 21 In re NUVELO, INC. SECURITIES Master File No. 3:07-cv-04056-VRW LITIGATION 22 CLASS ACTION 23 This Document Relates To: SECOND CONSOLIDATED COMPLAINT FOR VIOLATIONS OF THE FEDERAL 24 ALL ACTIONS. SECURITIES LAWS 25 26 27 28 1 TABLE OF CONTENTS 2 I. INTRODUCTION ...................................................................................................1 3 II. JURISDICTION AND VENUE ............................................................................ 15 4 III. PARTIES ............................................................................................................... 16 5 IV. CONFIDENTIAL WITNESSES ..........................................................................
    [Show full text]